Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Monday, July 18, 2011

The Blame Game

Today, I heard a  party strategist for the current politburo defend the President's position on the debt crisis. Funny that in the 5 minutes of discussion the only specific idea he attributed to the President was "tax those who make above $250K."  The rest of his comments amounted to a list of who to blame. He blamed the Bush tax cuts. Steee-rike one.  He blamed the Republicans in the House. Stee-rike two. Then he had the audacity to indict the Tea Party as being responsible if congress and the President can't resolve the impasse. I hear a Steee-rike three!"

I think most of us are tired of the blame game, and looking for some answers to the crisis, and believe me, we are facing a real financial crisis.  Don't take my word for it. Do some homework. Here are some keywords to assist you: Obama Debt Crisis, S&P downgrades US debt outlook, Moody's Investors Service.

If we don't do something about the current level of spending in D.C. WE WILL suffer immediate as well as long-term consequences. We can very well expect hyper-inflation, higher interest rates, higher taxes, much higher gas prices, fewer public services, the bankruptcy of Social Security, Mediare, and Medicade ... not to mention unemployment to rival the Great Depression. So back to the President's plan to get our economy back on the road to recovery.  Find me an economist that believes that our crisis can be solved by taxing those who make  more than $250K, and repealing the Bush Tax cuts, and I'll show you an economist that is on the payroll of the DNC.

THE VIRTUES OF CONSERVATISM – Part 4 of 10

 After several years of frustration in attempting to convert my liberal friends to a more courageous way of thinking, I have determined three things:
  1. My efforts have been largely futile.
  2. Liberals are converted over time; due to facing critical life circumstances, and/or the recognition that liberal ideology is simply non-enduring.
  3. Derision and name calling does nothing to assist in their conversion.
In light of these revelations, I’ve decided that my efforts might be better invested in discussing the virtues of conservative thought, as opposed to pointing out the blatant fallacies of liberal thinking. Now, this does not mean that I will refrain from comparison and contrast, it simply means that I will attempt to couch my words in non demeaning ways in my observations. Perhaps my words will capture the attention of a young liberal thinker in his or her journey to a more courageous way of thinking. My discussion will be delivered in 10 parts.This being part 2 of the discussion.
The fourth virtue of conservatism is that of prudence. Conservatives believe that any decision ought to be judged by its probable long-run consequences, not merely by temporary advantage or popularity or expedience. The conservative declares that he acts only after sufficient reflection, having weighed the consequences. 
Conservatives opposed Obama-care, in no small part, due to the imprudence of the idea. It increases the national debt. It redistributes power from the private sector to the government sector, effectively creating an entirely new entitlement program. At a time when government spending and irresponsibility was at an all-time high, the Dems resorted to back-room deals and shady legislative tricks to push the measure to the president's desk. No one can convince me that prudence was practiced in passing a law which virtually no congressman had read or understood. Obama-care was, and still is, a reckless measure, failing the test of  prudence. 

The outline for this treatment is credited to Russell Kirk and the web site at: 
http://www.kirkcenter.org/index.php/detail/ten-conservative-principles/

Monday, August 30, 2010

Raise Taxes on The Rich

Will someone please show me empirical evidence that demonstrates how raising taxes on wealthy people helps anyone else.